This model works best for projects where it is possible to fully define the scope of the work at the stage of the planning. When the scope is agreed we offer the price and the timeline. Then the job starts. After everything is done, the customer performs acceptance testing and pays the bill.
If necessary the project can be split into several smaller fixed price projects. This may be justified when, for example, there is a need to deliver MVP (Minimum viable product) first, or if it’s possible to define only part of the requirements upfront, or if the project is quite large.
Usually the size of the projects that are done on fixed price basis is between 200 and 1000 hours.
Most popular types of the project we do on fixed price basis are: Commercial website built on top of CMS (Umbraco, Drupal, WordPress, Joomla), Webshop, custom built or based on some ecommerce engine (Magento, OpenCart), Mobile application, Startups.